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Economy of the Wabash Confederation
Chicago
Downtown Chicago, the financial heart of the Confederation
Rank 5th (nominal) / 5th (PPP)
Currency Wabash dollar (WSD)
Fiscal year June 21st - June 22nd (June Solstice)
Trade organisations WTO, North American Trading Partners, G-20
Statistics
GDP

$4.655 trillion (2014) (nominal; 5th)

$4.455 trillion (2014) (PPP; 5th)
GDP growth -3.4% (2015) (July)
GDP per capita

$37,001 (2015) (nominal; 8th)

$29,555 (2015) (PPP; 27th)
GDP by sector agriculture: 3.5%, industry: 61.2%, services: 35.3% (2009 est.)
Inflation (CPI) 3.4% (July 2015)
Gini index 0.56 (2014)
Labour force 44.4 million (2015 est.)
Labour force
by occupation
agriculture: 3.8%, industry: 64%, services: 32.2% (2005)
Unemployment 6.3% (2015 est.)
External
Ease of Doing Business Rank 3rd
Exports $568 billion (2014 est.)
Main export partners Flag of the United States United States 32.1%
Flag of Canada Canada 9.2%
Imports $517 billion f.o.b. (2010 est.)
Main import partners Flag of the United States United States 13.9%
Flag of Canada Canada 10.2%
FDI stock
Public finances
Public debt 4.56 trillion (2015 est.)
Revenues
Expenses
Economic aid $4.5 billion (2014 est.)
Credit rating Standard & Poor's:
A (Domestic)
AA (Foreign)
AA (T&C Assessment)
Outlook: Positive
Moody's:
A1
Outlook: Positive
Fitch:
A
Outlook: Positive
Foreign reserves
All values, unless otherwise stated, are in US dollars

The Wabash Republic is the world's 6th largest economy. Its a mixed economy with fairly liberal methods in economic intervention. Practicing social corporatism, the state only intervenes when to help make necessary changes for survival for the greater good; be it at the doubt of the employer, employee or consumer. Dominated by the manufacturing and service industry its susceptible to economic downturns. With a moderate unemployment rate, the nation's abundant natural resources fuels its economy. Wabash is one of the most highly productive working forces in the world.

In recent years, the nations economy has boomed from petroleum reserves in the Dakota's and from mineral extraction from Wyoming and Montana. In the east, in the Departments of Indiana and Michigan, the car industry and steel industry are the primary manufacturing employers. Infrastructure in the Wabash Confederation is highly developed around the locomotive, with several companies providing transport on the nationally operate rail line; Wabash Rails. Monopolies only exist in areas, or nationally when it only benefits to have only one provider; that includes the distributors of electricity, water and transportation.

History

1700's

Early 1900's

Late 1900's

25th Economic System

Culture

Employment

Income inequality

Largest Companies

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